UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM N-Q

                   QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS
    OF REGISTERED MANAGEMENT INVESTMENT COMPANY



  Investment Company Act file number 811-22987


                        Pioneer ILS Interval Fund
               (Exact name of registrant as specified in charter)


                       60 State Street, Boston, MA 02109
              (Address of principal executive offices) (ZIP code)


            Terrence J. Cullen, Pioneer Investment Management, Inc.,
                       60 State Street, Boston, MA 02109
                    (Name and address of agent for service)


Registrant's telephone number, including area code:  (617) 742-7825


Date of fiscal year end:  October 31

Date of reporting period:  January 31, 2016

Form N-Q is to be used by management investment companies, other than small
business investment companies registered on Form N-5 (239.24 and 274.5 of this
chapter), to file reports with the Commission, not later than 60 days after
close of the first and third fiscal quarters, pursuant to Rule 30b1-5 under
the Investment Company Act of 1940 (17 CFR 270.30b1-5).  The Commission may
use the information provided on Form N-Q in its regulatory, disclosure review,
inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q,
and the Commission will make this information public. A registrant is not
required to respond to the collection of information contained in Form N-Q
unless the Form displays a currently valid Office of Management and Budget
("OMB") control number. Please direct comments concerning the accuracy of the
information collection burden estimate and any suggestions for reducing the
burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW,
Washington, DC 20549-0609.  The OMB has reviewed this collection of information
under the clearance requirements of 44 U.S.C. ss. 3507.


<PAGE>
ITEM 1. Schedule of Investments.

File the schedules as of the close of the reporting period as set forth in
ss. 210.12-12  12-14 of Regulation S-X [17 CFR 210.12-12  12-14]. The
schedules need not be audited.

			Pioneer ILS Interval Fund
			Schedule of Investments 1/31/17 (unaudited)
	Principal Amount ($) (e)	Floating Rate (b)			Value
			CORPORATE BONDS - 99.3%
			Insurance - 99.3%
			Reinsurance - 99.3%
	600,000	6.11	Alamo Re, Ltd., Floating Rate Note, 6/7/18 (Cat Bond) (144A)	$	623,100
	2,100,000		Arlington Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 8/31/16 (c) (d)		102,060
	6,500,000		Arlington Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 8/31/17 (c) (d)		6,854,250
	3,000,000		Berwick 2016-1 Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 2/1/18 (c) (d)		393,900
	5,299,000		Berwick 2017-1 Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 2/1/19 (c) (d)		5,338,213
	1,500,000		Berwick Segregated Account (Artex SAC Ltd.), Variable Rate Note, 1/22/16 (c) (d)		45,000
	500,000	14.11	Blue Halo Re, Ltd., Floating Rate Note, 6/21/19 (Cat Bond) (144A)		507,700
	250,000	5.50	Caelus Re IV, Ltd., Floating Rate Note, 3/6/20 (Cat Bond) (144A)		261,600
	1,250,000	7.06	Caelus Re, Ltd., Floating Rate Note, 4/7/17 (Cat Bond) (144A)		1,259,125
	5,000,000		Carnosutie 2016-N,Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 11/30/20 (c) (d)		598,500
	12,500,000		Carnosutie 2017,Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 11/30/21 (c) (d)		12,512,500
	2,000,000		Carnoustie Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 2/19/16 (c) (d)		40,800
	1,000,000	7.84	Citrus Re, Ltd., Floating Rate Note, 2/25/19 (Cat Bond) (144A)		1,037,400
	250,000	4.02	Cranberry Re, Ltd., Floating Rate Note, 7/6/18 (Cat Bond) (144A)		255,000
	4,537,500		Cypress Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 7/10/17 (c) (d)		3,973,942
	2,000,000		Denning 2016 Segregated Account (Artex), Variable Rate Notes, 7/7/17 (c) (d)		1,980,400
EUR	1,000,000		Dundonald Segregated Account (Artex), Variable Rate Notes, 1/17/17 (c) (d)		1,079,750
	4,300,000		Eden Re II, Ltd., 3/22/21 (144A) (c) (d)		4,332,680
	15,176,700		Eden Re II, Ltd., 3/22/21 (c) (d)		15,293,561
	84,000		Eden Re II, Ltd., 4/23/19 (144A) (c) (d)		932,450
	69,300		Eden Re II, Variable Rate Notes, 4/23/19 (c) (d)		776,922
	500,000	4.00	First Coast Re 2016, Ltd., Floating Rate Note, 6/7/19 (Cat Bond) (144A)		506,750
	500,000	0.00	Galilei Re, Ltd., Floating Rate Note, 1/8/20 (Cat Bond) (144A)		505,800
	250,000	0.00	Galilei Re, Ltd., Floating Rate Note, 1/8/20 (Cat Bond) (144A)		250,375
	1,000,000	0.00	Galilei Re, Ltd., Floating Rate Note, 1/8/21 (Cat Bond) (144A)		1,001,800
	250,000	0.00	Galilei Re, Ltd., Floating Rate Note, 1/8/21 (Cat Bond) (144A)		253,850
	500,000	0.00	Galilei Re, Ltd., Floating Rate Note, 1/8/21 (Cat Bond) (144A)		500,800
	750,000	8.72	Galileo Re, Ltd., Floating Rate Note, 1/8/19 (Cat Bond) (144A)		763,650
	1,250,000	13.24	Galileo Re, Ltd., Floating Rate Note, 1/8/19 (Cat Bond) (144A)		1,268,750
	19,900,000		Gleneagles 2017 Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 11/30/21 (c) (d)		20,001,490
	7,000,000		Gleneagles Segregated Account (Artex SAC Ltd), Variable Rate Notes, 11/30/20 (c) (d)		1,177,400
	11,000,000		Gullane Segregated Account (Artex SAC Ltd.), Variable Rate Note 11/30/20 (c) (d)		1,045,000
	18,000,000		Gullane Segregated Account (Artex SAC Ltd.), Variable Rate Note 11/30/21 (c) (d)		18,079,200
EUR	500,000	12.00	Horse Capital I DAC, Floating Rate Note, 6/15/20 (Cat Bond) (144A)		540,955
EUR	1,250,000	6.25	Horse Capital I DAC, Floating Rate Note, 6/15/20 (Cat Bond) (144A)		1,354,411
	1,500,000	6.75	Kilimanjaro Re, Ltd., Floating Rate Note, 12/6/19 (Cat Bond) (144A)		1,539,450
	1,500,000	9.25	Kilimanjaro Re, Ltd., Floating Rate Note, 12/6/19 (Cat Bond) (144A)		1,543,500
	1,000,000	5.00	Kilimanjaro Re, Ltd., Floating Rate Note, 4/30/18 (Cat Bond) (144A)		1,009,600
	1,500,000	5.24	Kilimanjaro Re, Ltd., Floating Rate Note, 4/30/18 (Cat Bond) (144A)		1,519,800
	2,100,000		Kingsbarns Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 5/15/17 (c) (d)		2,059,050
	1,750,000		Lahinch Re, Variable Rate Notes, 5/10/21 (c) (d)		31,150
	500,000	0.00	Limestone Re, Ltd., 8/31/21 (Cat Bond)		499,000
	1,500,000	0.00	Limestone Re, Ltd., 8/31/21 (Cat Bond)		1,497,000
	550,000	10.24	Loma Reinsurance Bermuda, Ltd., Floating Rate Note, 1/8/18 (Cat Bond) (144A)		561,825
	2,600,000		Lorenz Re, Ltd., Variable Rate Notes, 3/31/18 (c) (d)		15,080
	6,000,000		Lorenz Re, Ltd., Variable Rate Notes, 3/31/19 (c) (d)		6,337,800
	4,000,000		Madison Re. Variable Rate Notes, 3/31/19 (c) (d)		4,212,800
	800,000	3.07	Nakama Re, Ltd., Floating Rate Note, 10/13/21 (Cat Bond) (144A)		811,200
	2,000,000		Pangaea Re, Series 2015-1, Principal at Risk Notes, 2/1/19 (c) (d)		78,400
	6,000,000		Pangaea Re, Series 2015-2, Principal at Risk Notes, 11/30/19 (c) (d)		552,000
	20,000,000		Pangaea Re, Series 2016-2, Principal at Risk Notes, 11/30/20 (c) (d)		22,434,000
	17,000,000		Pangaea Re., Variable Rate Notes, 11/30/21 (c) (d)		17,166,600
	5,220,000		Pangaea Re., Variable Rate Notes, 2/1/20 (c) (d)		673,902
	4,000,000		Pinehurst 2017 Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 1/16/18 (c) (d)		3,790,800
	2,100,000		Port Rush RE, Variable Rate Notes, 6/15/17 (c) (d)		479,430
	2,000,000		Prestwick Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 7/1/16 (c) (d)		58,400
	250,000	6.02	Queen Street IX Re DAC, Floating Rate Note, 6/8/17 (Cat Bond) (144A)		250,300
	800,000	5.75	Queen Street X Re, Ltd., Floating Rate Note, 6/8/18 (Cat Bond) (144A)		797,600
	500,000	6.15	Queen Street XI Re Dac, Floating Rate Note, 6/7/19 (Cat Bond) (144A)		504,400
	250,000	9.75	Residential Reinsurance 2013, Ltd., Floating Rate Note, 6/6/17 (Cat Bond) (144A)		253,975
	250,000	7.42	Residential Reinsurance 2015, Ltd., Floating Rate Note, 12/6/19 (Cat Bond) (144A)		258,975
	1,000,000	0.00	Residential Reinsurance 2016, Ltd., Floating Rate Note, 12/6/20 (Cat Bond) (144A)		927,000
	500,000	0.00	Residential Reinsurance 2016, Ltd., Floating Rate Note, 12/6/23 (Cat Bond) (144A)		494,950
	1,250,000	11.90	Residential Reinsurance 2016, Ltd., Floating Rate Note, 6/6/20 (Cat Bond) (144A)		1,265,875
	2,000,000	0.00	Resilience Re, Ltd., 4/7/17 (Cat Bond)		2,005,000
	2,100,000	0.00	Resilience Re, Ltd., 6/12/17 (Cat Bond)		2,093,280
	1,500,000	4.50	Resilience Re, Ltd., Floating Rate Note, 1/9/19 (Cat Bond)		1,500,000
AUD	1,650,000		RW0009, Variable Rate Notes, 7/10/17 (c) (d)		1,107,756
	250,000	3.74	Sanders Re, Ltd., Floating Rate Note, 5/25/18 (Cat Bond) (144A)		252,100
	950,000	4.21	Sanders Re, Ltd., Floating Rate Note, 5/5/17 (Cat Bond) (144A)		950,095
	500,000	3.97	Sanders Re, Ltd., Floating Rate Note, 6/7/17 (Cat Bond) (144A)		502,400
	5,550,000		Sector Re V, Ltd., 12/1/21 (144A) (c) (d)		5,600,505
	800,000		Sector Re V, Ltd., 12/1/21 (144A) (c) (d)		807,280
	2,250,000		Sector Re V, Ltd., 12/1/21 (144A) (c) (d)		2,270,475
	3,800,000		Sector Re V, Ltd., 3/1/21  (c) (d)		4,120,720
	3,600,000		Sector Re V, Ltd., 3/1/21 (144A) (c) (d)		4,075,920
	16,670		Sector Re V, Ltd., Variable Rate Notes, 12/1/20 (144A) (c ) (d)		395,326
	15,833		Sector Re V, Ltd., Variable Rate Notes, 3/1/20 (144A) (c) (d)		337,132
	15,404		Sector Re V, Ltd., Variable Rate Notes, 3/1/20 (144A) (c) (d)		40,332
	1,750,000		Shenandoah 2017-1 Segregated Account (Artex), Variable Rate Notes, 7/7/17 (c) (d)		1,707,300
	5,600,000		Silverton Re, Ltd., Variable Rate Notes, 9/18/17 (144A) (c) (d)		138,320
	2,000,000		Silverton Re, Ltd., Variable Rate Notes, 9/18/18 (144A) (c) (d)		2,286,400
	4,750,000		Silverton RE, Ltd., Variable Rate Notes, 9/18/19 (144A) (c) (d)		4,793,225
	2,000,000		St. Andrews Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 1/22/16 (c) (d)		39,400
	5,000,000		St. Andrews Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 2/1/19 (c) (d)		5,033,000
	3,000,000		St. Andrews Segregated Account (Artex SAC Ltd.), Variance Rate Notes, 2/1/18 (c) (d)		496,800
	2,000,000		Sunningdale 2017 Segregated Account (Artex SAC Ltd.), Variable Rate Notes, 1/16/18 (c) (d)		1,797,600
	500,000	3.74	Tramline Re II, Ltd., Floating Rate Note, 7/7/17 (Cat Bond) (144A)		499,950
	10,000,000		Versutus 2016, Class A-1, Variable Rate Notes, 11/30/20 (c) (d)		408,000
	20,000,000		Versutus Ltd., Series 2017-A, Variable Rate Notes, 11/30/21 (c) (d)		20,114,000
	1,550,000	0.00	Vitality Re VIII, Ltd., Floating Rate Note, 1/8/21 (Cat Bond) (144A)		1,550,000
	1,050,000	0.00	Vitality Re VIII, Ltd., Floating Rate Note, 1/8/21 (Cat Bond) (144A)		1,050,000
				$	243,045,262
			Total Insurance	$	243,045,262
			TOTAL CORPORATE BONDS
			(Cost $229,779,204)	$	243,045,262
			TOTAL INVESTMENT IN SECURITIES - 99.3%
			(Cost $229,779,204) (a)	$	243,045,262
			OTHER ASSETS & LIABILITIES - 0.7%	$	1,705,732
			TOTAL NET ASSETS - 100.0%	$	244,750,994
	(Cat Bond)		Catastrophe or event-linked bond. At January 31, 2017, the value of these securities amounted to $35,028,341 or 14.3% of total net assets.
	(144A)		Security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold normally to qualified institutional buyers in a transaction exempt from registration. At January 31, 2017, the value of these securities amounted to $53,444,106 or 21.8% of total net assets.
	(a)		At January 31, 2017, the net unrealized appreciation on investments based on
			cost for federal income tax purposes of $240,848,062 was as follows:
			Aggregate gross unrealized appreciation for all investments in which
			there is an excess of value over tax cost	$	2,798,348
			Aggregate gross unrealized depreciation for all investments in which
			there is an excess of tax cost over value		(601,148)
			Net unrealized appreciation	$	2,197,200
	(b)		Debt obligation with a variable interest rate. Rate shown is rate at period end.
	(c)		Structured reinsurance investment. At January 31, 2017, the value of these securities amounted to $208,016,921 or 85.0% of total net assets.
	(d)		Rate to be determined.
	(e)		Principal amounts are denominated in U.S. Dollars unless otherwise noted:
		AUD	Australian Dollar
		EUR	Euro
Various inputs are used in determining the value of the Fund's investments.  These inputs are summarized in the three broad levels listed below.
Level 1 – quoted prices in active markets for identical securities.
Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining fair value of investments)
The following is a summary of the inputs used as of January 31, 2017, in valuing the Fund's investments:

			Level 1			Level 2			Level 3		Total
		Corporate Bonds	$	-		$	27,434,061		$	215,611,201	$	243,045,262
		Total	$	-		$	27,434,061		$	215,611,201	$	243,045,262
		Other Financial Instruments
		Unrealized depreciation on forward foreign currency contracts	$	-		$	(107,223	)	$	-	$	(107,223	)
		Total Other Financial Instruments	$	-		$	(107,223	)	$	-	$	(107,223	)
The following is a reconciliation of assets valued using significant unobservable inputs (Level 3):
			Corporate Bonds
		Balance as of 10/31/16	$	138,840,744
		Realized gain (loss)1		(379,845	)
		Change in unrealized appreciation (depreciation)2		14,618,485
		Purchases		137,535,260
		Sales		(75,003,443	)
		Changes between Level 3 *		-
		Balance as of 1/31/17	$	215,611,201
	1	Realized gain (loss) on these securities is included in the net realized gain (loss) from investments in the Statement of Operations.
	2	Unrealized appreciation (depreciation) on these securities is included in the change in unrealized appreciation (depreciation) on investments in the Statement of Operations.
	*	Transfers are calculated on the beginning of period values. During the period ended January 31, 2017, there were
		no transfers between Levels 1, 2 and 3.
		Net change in unrealized appreciation (depreciation) of investments
		still held as of 1/31/17	$	14,970,077

ITEM 2. CONTROLS AND PROCEDURES. (a) Disclose the conclusions of the registrant's principal executive and principal financial officers, or persons performing similar functions, regarding the effectiveness of the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Act (17 CFR 270.30a-3(c))) as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the Act (17 CFR 270.30a-3(b))) and Rule 13a-15(b) or 15d-15(b) under the Exchange Act (17 CFR 240.13a-15(b) or 240.15d-15(b)). The registrant's principal executive officer and principal financial officer have concluded that the registrant's disclosure controls and procedures are effective based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report. (b) Disclose any change in the registrant's internal controls over financial reporting (as defined in Rule 30a-3(d) under the Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting. There were no significant changes in the registrant's internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting. ITEM 3. EXHIBITS. File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Act (17 CFR 270.30a-2(a)), exactly as set forth below: CERTIFICATIONS I, [identify the certifying individual], certify that: 1. I have reviewed this report on Form N-Q of [identify registrant]; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrants other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and (d) Disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and 5. The registrants other certifying officer(s) and I have disclosed to the registrants auditors and the audit committee of the registrants board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal control over financial reporting. Date: [Signature] [Title] Filed herewith. <PAGE> SIGNATURES [See General Instruction F] Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) Pioneer ILS Interval Fund By (Signature and Title)* /s/ Lisa M.Jones ----------------------- Lisa M.Jones, President and Chief Executive Officer Date April 3, 2017 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By (Signature and Title)* /s/ Lisa M.Jones ----------------------- Lisa M.Jones, President and Chief Executive Officer Date April 3, 2017 By (Signature and Title)* /s/ Mark E. Bradley ----------------- Mark E. Bradley, Treasurer and Chief Accounting and Financial Officer Date April 3, 2017 * Print the name and title of each signing officer under his or her signature.